The 11 privatizations that we completed with the new contract for the Attiki Road from the 2023 elections, brought total revenues in favor of the public reaching 7.8 billion euros, Kyriakos Mitsotakis said in a post.

The Prime Minister’s Facebook post in detail:

“Last week, the Parliament ratified the new contract for the Attiki Odos, completing an “11” of privatizations from the 2023 elections, with total revenues in favor of the public reaching 7.8 billion euros.

I would like to take this opportunity to highlight that ultimately targeted privatizations work not only for the benefit of public finances, but also make life better for all citizens!

And that’s because they mean lower fees: Drivers who use Attiki Odos already understand the difference. From Sunday, they pay a toll of 2.5 euros from 2.8 euros, while the vehicles transporting our fellow citizens with disabilities, as well as the vans for the disabled, are exempt from any payment.

They mean lower debt and higher tax revenues: With the new contract, the government collected a record amount of 3.27 billion, which automatically reduces the public debt by 1.5 percentage point of GDP, while each year it will receive part of the revenue of the concessionaire.
However, if we also look at the big picture, we will also find that every considered move in the field of privatization creates multiplier benefits in the economy and society.

It means better services for all: The involvement of investors in ports and regional airports fundamentally improves infrastructure, upgrades our tourism services, opens new horizons for each region, benefiting employment and local communities.
It means credibility of the country abroad: Our reform initiatives in the banking sector bring new capital and investors, certify the upgrading of our economy and are implemented for the benefit of the Greek taxpayers, who paid dearly in the recent past for adventures and experiments.

Overall, the privatization program that we are implementing promotes the reformist character with a positive impact on the country. It brings better services for citizens, more investment, reliable infrastructure especially in the region, and less burdens for future generations through the significant reduction of public debt».